Standard Chartered has appointed Steven Sun as head of North Asia financial institutions (FI) strategic coverage.

Based in Hong Kong, Sun will report jointly to James Pearson, global head of FI strategic coverage and Darcy Lai, head of North Asia origination and client coverage.

He joined the Bank on October 8, and is responsible for deepening relations with the bank’s strategic FI clients in North Asia, as well as providing investment banking coverage and solutions to its Asian FI clients.

Sun joins StanChart from Barclays Capital, where he built the Asian FI team. He has 25 years of investment banking experience, and previously worked at Merrill Lynch and UBS, where he was co-head of the FI group in Asia.

Pearson says: “We are very excited to have Steven join the team. His wealth of experience in FI coverage and investment banking in Asia will add significant value to the bank’s client-focused strategy. The bank is well positioned in North Asia and we look forward to Steven’s contribution as we broaden our range of products and solutions to our clients in this rapidly evolving region.”